CARY, NC (July 10, 2006) – As
part of the July Waters rankings issue, SAS, the leader in business
intelligence, was selected by readers of Waters magazine as
the best anti-money laundering solution provider. More
than 500 readers voted on the best financial information technology
vendors and awarded SAS
38.1 percent of the vote for the anti-money laundering compliance category.
SAS also ranked second in the best operational risk compliance category.
“SAS strives to ensure our customers’ success through
focused business solutions and world-class expertise,” said David
Stewart, Director of SAS’ Anti-Money Laundering Program. “This
award is a testament that we are addressing the specific industry pains
of our financial services customers worldwide, and that our hard work
and commitment are appreciated.”
Installed directly or accessed through an application service provider,
SAS Anti-Money Laundering is a sophisticated anti-money laundering
solution that can take mountains of information from all areas of a
financial business, manage and refine that information, and turn it
into usable knowledge that will help a business identify and classify
suspicious behavior efficiently and accurately. It can help institutions
meet stringent government regulations, protect shareholder confidence
and maintain a strong reputation. The solution offers an integrated
and open-ended architecture that lets organizations gather information
across data sources, transform the appropriate data into real intelligence,
detect suspicious activity and accurately alert investigators and authorities.
SAS also provides a user group for its anti-money laundering customers,
enabling them to share best practices and knowledge as a community.
Since its launch in 1993, Waters has been relied on by
financial technology professionals worldwide for focused, in-depth
coverage of financial
market data and technology.
For the full Waters rankings article from
the July 2006 issue, please visit http://www.watersonline.com/public/showPage.html?page=335225#13